Hi Doug, first I want you to know that I respect your posts and their content.
That said, if management is truly committed to those that are long in SPNG, they can issue an 8-K tomorrow stating the current share structure. I believe this would create a certain amount of stability while they continue to work on having a 10-K published.
It is my opinion that if they allow the price to drop tomorrow, it will only prove that there is an ulterior motive behind the scenes.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.